On September 27, 2022, Avidbots announced it had completed its $70 million Series C financing round led by Jeneration Capital. True Ventures, Next 47, SOSV, GGV Capital, BDC Capital, Golden Ventures, and Kensington Capital Partners, and first-time investors BMO Capital Partners, Golden Vision Capital, and Nicola Wealth also acted as investors. Avidbots plans to use this funding to expand their offerings and increase sales, marketing efforts, and market share globally.
Avidbots is a robotics company that designs, manufactures, services, and sells autonomous floor cleaning robots.
Osler, Hoskin & Harcourt LLP advised Avidbots with a team consisting of Chad Bayne, David Jamieson, Sahil Chopra, and Ferial Fekri (Emerging and High Growth Companies).